Priscilla Yeon
Help with lowering my DTI
Hello! I have a unique situation that requires a unique solution. Before I knew anything about real estate or finances, my family (brother & mother) signed me onto our home title (we’re all listed under the title)...
Gerardo Dominguez
Help analyzing a potential flip (Chicagoland Area)
Hello fellow BP'ers :) I need some help analyzing a potential flip. It is currently a 2/1 but if I go through with it, I would make it a 3/2 by finishing the basement. It's in Villa Park, IL (Dupage County).I'm not...
Corri Golden
Balance Between Tax Deductions and Remaining Lendable
In 2022, I purchased 10+ single family and small multifamily properties. During tax time, I deducted as much as I could. Unfortunately that left me unable to purchase properties the following year. How can I find t...
Jordan Low
First house the hardest?? Obtaining second property question
I am confused on the process of obtaining a second property and am hoping some of you wonderful people could help make sure I am thinking about this correctlyI bought a 3B 2.5BR single family house about 2 years ago a...
Alexis Dedrickson
Logging Hours
To be considered a real estate professional, you have to work a minumum of 750 hours a year and those hours have to be more then any other job you have. How exactly do you log hours? I was told there is a list compris...
Account Closed
How will all the refinances affect delinquencies
We've already seen a spike in mortgage delinquencies this year that finally came down a little last month. The 4.1 million loans in the forbearance program are not included in the delinquency count. I think we're also...
Michael Dunn
Rental Income and how it shows up on your Taxes as Income ??
Rental Income and how it shows up on your Taxes as Income ??Can someone please help me in understanding the way in which the Rental Income received will be " Counted for " on my 2017 taxes .Example:Let's say I receive...
Amin Parsi
only 3% cash on cash, worth it?
Hi, I’m living in Australia on a temporary visa which will be changed to permanent in 2 years. for a 300k prop I wanna buy, I have to pay 30k more than other people as stamp duty because I’m on a temporary visa. but t...
Andrew Anderson
Moving from Singapore Back to 'Merica
Hello BP!I've browsed your forums for a few weeks and it seems you have some quality information--I hope that this will finally get me into the trenches as a principal in RE (outside of REIT investing and helping to b...
Christina Kokologiannakis
Can you refinance with a cash out on buildable land?
We are closing on buildable land in a few days. We will eventually build an Airbnb on the property but can't do anything till the plans and budget are ready. Until we can convert the loan in to a construction loan, ...